Bitcoinist 2026-04-06 14:30:43

Is Litecoin “Dead Money” Or Is It About To Do What Solana Did In 2024?

Crypto analyst Shah has made a bullish case for Litecoin, predicting that it could soon witness the “most violent face-melt.” The analyst compared the projected LTC parabolic rally to the explosions that Solana, XRP , and Cardano witnessed in the past. Why Litecoin Is Not ‘Dead’ And Is About To See A Parabolic Rally In an X post , Shah stated that bears who think Litecoin is “dead money” are about to be the fuel for the most violent face-melt of 2026. The analyst pointed to the macro reality, noting that LTC is currently sitting in a 1,400-day accumulation zone . He added that this is 1,440 days of sideways grind, with the altcoin absorbing every weak hand and building a very solid base. Shah then alluded to history, noting that XRP had a similar price action before its 2017 explosion of over 40,000%. The same happened for Cardano before it rallied from cents to dollars. The Solana price also showed a similar pattern when it traded at $10, just before its “legendary” run to $260. Now, Litecoin is printing the same “Spring” signature, with Shah stating that the 1-week chart is a “coiled snake.” He declared that a structural re-pricing that will leave the sidelined bears in total disbelief will happen when the 1,400-day range finally breaks. He suggested that the bulls can expect a parabolic rally rather than just a bounce. The analyst noted that the longer the base, the higher the space. He further remarked that while retail investors are chasing new coins, smart money is accumulating Litecoin, which is the “OG silver to Bitcoin’s gold.” Shah also affirmed that the “vertical expansion is a mathematical certainty at this point.” As to how LTC could rally, he predicted that the first stop could be a surge to $400, representing an 8x from current price levels. The Silver Narrative For LTC In another X post , Shah doubled down on the silver narrative for Litecoin, pointing to the LTC/BTC ratio . He noted that LTC is currently trading at 0.00079 BTC, a level that has historically triggered “mean reversion” pumps. He added that the 1,400-day accumulation is not just a range but a total supply absorption, with strong hands taking coins from the “impatient.” Shah also pointed to the positive divergence on the LTC/BTC chart, noting that the higher-timeframe RSI is signaling a reversal. He affirmed that the momentum is actually building higher lows, with the spring coiled to the limit. The analyst added that once Litecoin breaks the 0.0012 BTC resistance, there is no overhead supply until 0.006 BTC. At the time of writing, the Litecoin price is trading at around $54, up almost 2% in the last 24 hours, according to data from CoinMarketCap.

Meist gelesene Nachrichten

Circle Unveils Quantum-Resistant Roadmap for...
2026-04-06
XRP Open Interest Climbs As Traders Build Fre...
2026-04-06
Polymarket introduces Polymarket USD stableco...
2026-04-06
US Senate Banking panel member confirms April...
2026-04-06
Trump’s Stark Warning: Iran Could Face Overni...
2026-04-06
Polymarket’s April 2026 Upgrade: New Stableco...
2026-04-06
Institutional adoption drives onchain real wo...
2026-04-06
Bernstein: Figure Technology Undervalued, $67...
2026-04-06

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen